Price for Electrical Fuses for Under 1000 V in Switzerland - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Switzerland (FOB) - 2022
- Price for Electrical Fuses for Under 1000 V in Switzerland (CIF) - 2024
- Exports of Electrical Fuses for Under 1000 V in Switzerland
- Imports of Electrical Fuses for Under 1000 V in Switzerland
Price for Electrical Fuses for Under 1000 V in Switzerland (FOB) - 2022
In 2022, the average export price for electrical fuses for under 1000 v amounted to $0.6 per unit, flattening at the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for electrical fuses for under 1000 v decreased by -1.3% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 33% against the previous year. As a result, the export price attained the peak level of $0.6 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($1.6 per unit), while the average price for exports to Austria ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Switzerland (CIF) - 2024
The average import price for electrical fuses for under 1000 v stood at $82.8 per thousand units in March 2024, dropping by -12.1% against the previous month. Over the period under review, the import price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 57% against the previous month. As a result, import price reached the peak level of $0.1 per unit. From September 2023 to March 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Italy ($254 per thousand units), while the price for Slovenia ($29.0 per thousand units) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Italy (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electrical Fuses for Under 1000 V in Switzerland
For the fourth year in a row, Switzerland recorded growth in overseas shipments of electrical fuses for under 1000 v, which increased by 11% to 51M units in 2022. The total export volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 12%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of electrical fuses for under 1000 v rose sharply to $32M in 2022. The total export value increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 16%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Electrical Fuses for Under 1000 V in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.3 | 6.0 | 7.6 | 7.5 | 0.9% |
| Hong Kong SAR | 2.5 | 4.1 | 6.8 | 7.0 | 40.9% |
| Singapore | 1.7 | 3.0 | 3.3 | 3.8 | 30.8% |
| United States | 1.2 | 2.1 | 1.9 | 3.1 | 37.2% |
| India | 2.6 | 1.0 | 1.0 | 1.8 | -11.5% |
| Netherlands | 1.0 | 0.7 | 1.1 | 1.2 | 6.3% |
| Belgium | 0.2 | 0.5 | 0.7 | 0.9 | 65.1% |
| Austria | 0.5 | 0.8 | 1.0 | 0.8 | 17.0% |
| Italy | 0.7 | 0.6 | 0.4 | 0.7 | 0.0% |
| France | 1.1 | 1.0 | 0.6 | 0.7 | -14.0% |
| United Kingdom | 0.7 | 0.3 | 0.4 | 0.5 | -10.6% |
| Slovakia | 0.2 | 0.3 | 0.1 | 0.5 | 35.7% |
| Poland | 0.5 | 0.6 | 0.2 | 0.3 | -15.7% |
| Others | 4.1 | 3.4 | 3.1 | 2.8 | -11.9% |
| Total | 24.4 | 24.5 | 28.3 | 31.6 | 9.0% |
Top Export Markets for Electrical Fuses for Under 1000 V from Switzerland in 2022:
- Germany (9.5M units)
- Hong Kong SAR (8.7M units)
- United States (5.6M units)
- Austria (3.4M units)
- Italy (2.7M units)
- India (2.6M units)
- Netherlands (2.4M units)
- Singapore (2.3M units)
- France (1.9M units)
- United Kingdom (1.9M units)
- Slovakia (1.7M units)
- Belgium (1.4M units)
- Poland (1.3M units)
Imports of Electrical Fuses for Under 1000 V in Switzerland
Imports of electrical fuses for under 1000 v into Switzerland expanded remarkably to 236M units in 2022, growing by 10% against the year before. Overall, imports posted a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 80%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of electrical fuses for under 1000 v rose significantly to $19M in 2022. The total import value increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 29%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Electrical Fuses for Under 1000 V in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.3 | 1.9 | 2.8 | 4.4 | 24.1% |
| Germany | 3.0 | 2.6 | 3.1 | 2.9 | -1.1% |
| France | 1.9 | 1.6 | 1.7 | 2.4 | 8.1% |
| Hungary | 1.3 | 1.3 | 1.8 | 1.8 | 11.5% |
| India | 1.2 | 1.0 | 1.6 | 1.7 | 12.3% |
| Italy | 1.4 | 0.9 | 1.3 | 1.3 | -2.4% |
| Slovenia | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 3.1 | 3.3 | 4.1 | 3.9 | 8.0% |
| Total | 14.3 | 12.9 | 16.6 | 18.7 | 9.4% |
Top Suppliers of Electrical Fuses for Under 1000 V to Switzerland in 2022:
- Hungary (89.0M units)
- Germany (37.4M units)
- China (32.1M units)
- France (28.8M units)
- India (15.7M units)
- Italy (10.7M units)
- Slovenia (4.6M units)
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